ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 17, 2022 13:42:48 GMT
Shouldn't take long ... nothing to report on any of them really. Tick tock hasn't paid for two months Something incomprehensible on Scotland PG Offers for Liverpool. I would agree there is little that is tangible. However the talk of the possibility in due course that interim payments may be possible could, with a bit of effort be seen as a good thing. The Ticking loan is clearly the disappointing aspect, it does now sound more like a timer on a bomb than the tumblers on a safe. Add that the plan for the scaly animal loan is now clearer and at least we know a little bit more than we did. Then again sometimes ignorance really is bliss...... If you pop over to Mr Spencer's gaff you'll find more info on Plymouth ... ISTM sold for near the GDV, shame about the extra costs
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archie
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Post by archie on Nov 28, 2022 13:07:57 GMT
Several updates on loans added today.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
Likes: 11,549
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Post by ilmoro on Nov 28, 2022 13:24:33 GMT
Several updates on loans added today. Even some hints at jam tomorrow
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Post by bracknellboy on Nov 28, 2022 13:38:21 GMT
Several updates on loans added today. are they worth reading ?  
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
Likes: 11,549
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Post by ilmoro on Nov 28, 2022 13:43:49 GMT
Several updates on loans added today. are they worth reading ? Like comedy birthday cards ... messages are a joke and if there is a hint of money, none is attached
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Nov 28, 2022 14:06:10 GMT
Wonder how much the former Directors are still being paid (with our money) by the Administrators for "Consultancy" regarding their savvy business like handling of this easily avoidable utter shambles? Set up a Platform, you have no idea what you're doing and run the Platform into the ground, collecting very nice Salaries & Divvies along the way, and then collect even more cream from the Administrators when the whole thing blows up. Thanks FCA, your due diligence and oversight of these P2P Platforms is greatly appreciated ...........  |
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dh1
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Post by dh1 on May 22, 2023 5:56:33 GMT
I have prodded the Administrators about the lack of loan updates and the delay in distributions. I am a bit surprised that no one else seems to have raised this? I think it important to make it repeatedly evident to Administrators that somebody out there is still interested...
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on May 22, 2023 6:57:05 GMT
With all these IPs I have no doubt it's a ploy.
There is no other reason if you're performing the Administration even half competently.
Lots of disgruntled Investors phoning/writing/emailing and wanting action/answers = Kerching!!!
Money for very old rope ...........
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bugs4me
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Post by bugs4me on May 22, 2023 8:49:03 GMT
I have prodded the Administrators about the lack of loan updates and the delay in distributions. I am a bit surprised that no one else seems to have raised this? I think it important to make it repeatedly evident to Administrators that somebody out there is still interested... The Administrators are fully aware and everytime they need to respond to a request/query/etc you can bet your bottom dollar that they will charge £xx for the reply. It's a total money grabbing injustice but unfortunately (for us) a legal one. It will only stop once they can see the money running out and then hey presto, it will all be conveniently wrapped up with us lender/investors that handed over our hard earned cash in good faith maybe getting a few pennies in the pound and there's really nothing anyone can do about it.
I've seen it before and in my next life I'm going to qualify as one of them!!!
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on May 22, 2023 11:52:15 GMT
Yes, all IPs are ...................... "Professionals""held to and adhering to the highest ethical and professional [that word again] standards.""answerable to the Courts""answerable to our own Professional Body""Blah, blah, blah, blah......."
Question - "In the UK, who are Insolvency Practitioners answerable to?" :- ChatGPT - In the UK, Insolvency Practitioners are primarily answerable to several regulatory bodies, including the Insolvency Practitioners Association (IPA) and the Institute of Chartered Accountants in England and Wales (ICAEW). These organizations set ethical and professional standards for Insolvency Practitioners and oversee their conduct. Insolvency Practitioners may also be subject to oversight and regulation by other professional bodies depending on their qualifications and affiliations. Well, I don't know about anyone else on here, but I'm sure with all these Professional "Regulatory Bodies" on the case we can expect (like the FCA) that a very, VERY thorough job will be done. |
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averageguy
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Post by averageguy on May 22, 2023 17:13:21 GMT
I have prodded the Administrators about the lack of loan updates and the delay in distributions. I am a bit surprised that no one else seems to have raised this? I think it important to make it repeatedly evident to Administrators that somebody out there is still interested... See my post last week re the student development at Plymouth…i prodded
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dh1
Member of DD Central
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Post by dh1 on May 22, 2023 21:08:57 GMT
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kt303
New Member
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Post by kt303 on Jun 27, 2023 15:18:26 GMT
How do I write to them>? because like what the actual F its been like forever since they gave any update, like why no communication at all
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Post by martin44 on Jul 1, 2023 19:23:47 GMT
Afternoon, MTAU712 Bridging Loan on Edinburgh Student Development. Contracts have been Exchanged for the sale of this site and Completion (and thus loan repayment), is set for the 18th August. Kind regards, Ed Hello Ed.. all gone a bit quiet from you hasnt it... i seem to remember you were going to keep us updated.
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elsee
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Retired:D
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Post by elsee on Jul 2, 2023 18:01:02 GMT
Afternoon, MTAU712 Bridging Loan on Edinburgh Student Development. Contracts have been Exchanged for the sale of this site and Completion (and thus loan repayment), is set for the 18th August. Kind regards, Ed Hello Ed.. all gone a bit quiet from you hasnt it... i seem to remember you were going to keep us updated. I got all my money back on 19th August 2017
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